1. BUSINESS INSURANCE
ADVANCED MANUFACTURING
the growing worldwide demand for advanced products and services is changing the face of manufacturing. there is
now an increased focus on making operations more economical, efficient, and productive.
What is advanced manufacturing?
A host of new technologies, processes, materials, design,
production, and business capabilities are driving the evolution
of manufacturing, revamping it from a last-century business
into a future-ready industry. this change goes beyond producing
high-tech products. significant technological advances are
increasing the importance of information, resource efficiency
and productivity in manufacturing. new, innovative machines
and processes are creating a wide range of products that are
unique, better, and cost-effective.
What is the opportunity?
Manufacturing has always been important to the Us and
world economies, and as more companies start to take
advantage of advanced techniques, this will only become
more true. We’re already seeing the effect of it. In 2012
manufacturers contributed $2.03 trillion to the Us economy.
In 2013 that number rose to $2.08 trillion.
EvolutionEvolution
PHYSICAL
Analytics
Prototypes
Automation
Agility
Connected
Sensors
Software
Skill Gap
Innovation
Predictive Modeling
3-DPrinting
HighPrecision
OPPORTUNITY
Smart Manufacturing
Cloud Based
Robotics
Supply Chain
State of the Art
DIGITAL
Business Analytics
Advanced Materials
Composites
Additive Manufacturing
INTELLIGENCE
NETWORKED
Big Data
Lean
Continuous Improvement
Industry Designations
CarbonFiberNear Shoring
Sustainable
Changes are sweeping the world of manufacturing.
With change comes new risks.

2. Chubb products
We offer a wide range of products to insure advanced
manufacturing businesses against their changing risks:
• General and Products Liability
• Property and Business Income and Expense
• Workers Compensation
• Umbrella/Excess Liability
• Automobile
• Products Withdrawal Expense
• Errors and Omissions Liability Insurance
• Aviation Products Liability
• Professional and Management Liability
Why Chubb?
Experience
We draw on our more than 50 years of experience providing
insurance to manufacturers and our deep knowledge of the
industry’s complex risks.
Comprehensive solution
With Chubb, advanced manufacturers can take advantage
of one comprehensive solution, with insurance available for
complicated product liability business that may be hard to
place, such as aviation, robotics, oil and gas products, and
automotive parts.
Flexibility and stability
We have a broad appetite, so we’re able to write insurance for
advanced manufacturers as they develop new technologies or
enter new industries. This flexibility allows our clients to enjoy
a stable, consistent insurance program, with the convenience
of a single provider.
Expertise
We know advanced manufacturing. Our specialized loss
control engineers have the technical expertise to handle the
changing needs of a changing industry.
Industry Trends
Advanced manufacturing is quickly evolving. Here are some emerging trends to be aware of:
Smart manufacturing? What’s it all about? We are in the midst of an industrial revolution that is characterized by highly intelligent
cyber physical systems that can autonomously perform end-to-end activities along the value chain.
January 6, 2014
Technology driving US manufacturing renaissance. Technological innovation is leading a US manufacturing renaissance
that has the potential to bring work back to America for years to come.
March 31, 2014
Record year for robots. A record 14,135 robots, valued at $788 million, were ordered from North American robotics companies
in the first half of 2014, an increase of 30% in units over the same period in 2013.
August 11, 2014
Source: National Council for Advanced Manufacturing Newsletter, http://cerasis.com/2013/08/15/advanced-manufacturing-technology/
As technology continues to change and more companies
adopt advanced techniques, they’ll encounter new risks, and
potential coverage gaps will be revealed. To stay competitive,
manufacturers will need to make sure their insurance evolves
to keep up with their changing needs.
50%
90%
These companies experience
20%
Advanced manufacturing is a rising trend
78%
Success of Advanced Manufacturing
Among middle market companies
are using advanced manufacturing techniques
increase in
production output
increase
in profits
of companies not currently using
these techniques plan to start in the
next 3 to 5 years
Source: “Advanced Manufacturing Techniques Among U.S. Middle Market Manufacturers,”
The National Center For The Middle Market and The National Association of Manufacturers
To learn more, contact your Chubb underwriter or visit www.chubb.com
Chubb Group of Insurance Companies I www.chubb.com
Chubb Group of Insurance Companies (“Chubb”) is the marketing name used to refer to the insurance subsidiaries of The Chubb Corporation. For a list of these
subsidiaries, please visit our website at www.chubb.com. This literature is descriptive only and provided for informational purposes only. Actual coverage is
subject to the language of the policies as issued. Chubb, Box 1615, Warren, NJ 07061-1615.
Form 73-01-0001 (Ed. 4/15)